Which One of the Following About a Monopoly Is False

question 103

Multiple Choice

Which one of the following about a monopoly is false?

• A)A monopoly could make profits in the long run.
• B)A monopoly could break even in the long run.
• C)A monopoly must have some kind of government privilege or government imposed barrier to maintain its monopoly.
• D)A monopoly status could be temporary.

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Definitions:

Mucus

A thick, slippery secretion produced by mucous membranes, serving to protect and lubricate surfaces within the body.

Stomach pH

The level of acidity in the stomach, typically ranging from 1.5 to 3.5, which is crucial for digestion and destroying pathogens.

Pepsin

Principal digestive enzyme of the gastric juice, formed from pepsinogen; digests proteins into smaller peptide chains.

Lipid Digestion

The biochemical process through which lipids (fats and oils) are broken down into smaller molecules, such as fatty acids and glycerol, to be absorbed by the body.